EURUSD broke 1.0700 but is back to test the level. Is that the break over?
Yesterday I noted the break in the euro and what we could possibly make of it.
Right now we're at the point where the break is in danger of being snuffed out
EURUSD 15m chart
We're into the area where the most danger lies, between 1.0690 and 1.0700 and this is big defence line for shorts who went with the break
The price has shown us where intraday support is, down at 1.0630. So we have our intraday range at 1.0630-1.0690/700 and the same break rules apply to either end
